Results 1 to 25 of 25
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08-17-2023, 11:12 PM #1
- Join Date
- Apr 2020
- Posts
- 21
Who actually funds $1M MCA?
Have a merchant doing $2M a Month in Revenue. Ending balances of $300k, no loans. 750 Credit.
Has had 1 MCA with Credibly in the 2020 for $200k and never missed a payment.
Merchant is in California.
What lenders would give a $1M funding to this business?Last edited by pjfunds; 08-17-2023 at 11:20 PM.
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08-18-2023, 12:44 AM #2
- Join Date
- Dec 2021
- Posts
- 638
Text me 646-708-5986 would like to hear the scenario.
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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08-21-2023, 10:24 AM #3
- Join Date
- Jan 2020
- Location
- Brooklyn, New York
- Posts
- 125
Lending Valley can take on $1m files, we fund up to $5M.
If they're doing 2M with a 750 CS what were the reasons your other funders wouldn't do it? Industry type?
Additionally, if they never missed a payment on credibly, why didn't they come back for a renewal?
Would love to discuss this one verbally before sending it in, let's touch base.Clark Sica
Business Development Manager
Lending Valley, Inc.
Office Line: 347-478-5161
Mobile Line:347-536-0528
Fax: 1-888-850-1971
www.LendingValley.com
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08-21-2023, 10:30 AM #4
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
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08-21-2023, 10:42 AM #5
- Join Date
- Aug 2018
- Posts
- 882
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08-21-2023, 10:52 AM #6
- Join Date
- Nov 2013
- Posts
- 600
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08-21-2023, 10:56 AM #7
- Join Date
- Oct 2021
- Posts
- 17
Symplifi is also a great funder that funds large $$ amounts with great rates & terms
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08-21-2023, 11:16 AM #8
- Join Date
- Jan 2021
- Posts
- 23
We do larger deals all the time. We are more competitive on the larger files as well.
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08-21-2023, 11:19 AM #9
- Join Date
- Aug 2018
- Posts
- 882
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08-21-2023, 11:47 AM #10
- Join Date
- Oct 2021
- Posts
- 17
Really have no life but to stay on DF talking nonsense. Why don't you put that same energy into funding some deals or into yourself and your family instead of coming on here to gossip and talk ****. Grown Men shouldn't behave like that @Zonefund
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08-21-2023, 11:49 AM #11
- Join Date
- Aug 2018
- Posts
- 882
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08-21-2023, 12:13 PM #12
- Join Date
- May 2017
- Posts
- 21
Libertas is your best bet by far imo
if its not for them , would try
Wall/ Global Merchant Cash
Delta Bridge
Reliance
Cedar
Fox
Apex
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08-21-2023, 01:11 PM #13
- Join Date
- Mar 2021
- Posts
- 187
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08-21-2023, 01:28 PM #14
- Join Date
- Jul 2023
- Posts
- 39
known big file funders that I've personally seen are fora, wall, tvt, vox, american choice, smart step, libertas, pirs.
im sure there are a few others but most are cap
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08-21-2023, 01:37 PM #15
- Join Date
- Dec 2022
- Posts
- 69
Just saw Ace in a few big files
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08-21-2023, 06:26 PM #16
- Join Date
- Aug 2020
- Location
- Melville
- Posts
- 18
Text me 631.487.5696
Did a 1.8 mm first position recently. 24 months
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08-21-2023, 09:11 PM #17
- Join Date
- Feb 2018
- Posts
- 1,349
Libertas seems to have cornered that market if your talking $1M+ deals. Kapitus Direct Sales partnered with Libertas if that tells you anything
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08-21-2023, 09:34 PM #18
- Join Date
- Mar 2023
- Location
- Miami
- Posts
- 40
Happy to take a look, we'll go up to 1.5M
Moe Braun
Rocket Capital
(C)848-318-2598
(O)786-937-3556
Moe@rocketcapllc.comLast edited by iwantyourpaper; 08-23-2023 at 11:21 AM.
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08-23-2023, 11:08 AM #19
- Join Date
- Aug 2023
- Posts
- 1
What industry? Could do a term or payoff with first position MCA..
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08-23-2023, 11:39 AM #20
- Join Date
- Aug 2018
- Posts
- 882
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11-29-2023, 02:19 PM #21
overnight getting large files done
Overnight Capital
(929) 665-3993
jacob@overnight-capital.com
http://www.overnight-capital.com
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11-30-2023, 01:33 AM #22
- Join Date
- Aug 2017
- Posts
- 405
Libertas will strongarms your deal and doesnt pay on renewals... Notorious for taking your merchant and you will never see the renewal again. People in this industry have no honor, no moral, or ethics.
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11-30-2023, 12:06 PM #23
- Join Date
- Oct 2021
- Posts
- 17
Symplifi Capital - Funded 4 Million last month all on one contract.....Airline Industry
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12-05-2023, 11:09 AM #24
- Join Date
- Mar 2023
- Posts
- 7
..
Last edited by TCG; 12-26-2023 at 10:32 AM.
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12-05-2023, 12:51 PM #25
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
Midwestern Financial Solutions
CEO
Office - (954) 694-6402
email- Info@midwesternfinancialsolutions.com
MidwesternFinancialSolutions.com
Where your box ends ours begins.
https://www.linkedin.com/company/mid...ial-solutions/
linkedin.com/in/brandon-cooper-426615267
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